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Riyadh sources stated that Saudi Arabia will auction real estate owned by indebted billionaire Maan al-Sanea and his company starting next month to help repay billions of riyals due to creditors. Meanwhile sources familiar with the matter told Reuters, Sanea ranked by Forbes in 2007 as one of the world's

Accordingly US private space firm SpaceX has announced that the company's first private passenger to the Moon will be Japanese billionaire Yusaku Maezawa. SpaceX tweeted "The first private passenger to fly around the Moon aboard BFR (Big Falcon Rocket) is fashion innovator and globally recognized art curator

According to sources Nirav Modi, the billionaire jeweler at the heart of a more than $2 billion fraud case, has fled to the UK, where he is claiming political asylum, the media reported citing Indian and British officials. Britain's Home Office said it does not provide information on individual cases. As per report Nirav Modi could not be contacted by Reuters for comment on the report.

In the past 20 years, the number of billionaires has increased from 224 to a huge 2124. This extreme growth has been attributed to the growth of technology, and most of the industrialists investing in technology have reaped billions. In just 2 years, world's best E commerce company Amazon's CEO Jeff Bezos has rose from a millionaire to a billionaire.

Washington sources stated that US President Donald Trump has tumbled down more than 200 places in the world's billionaire rankings after losing around USD 400 million in his net worth from last year. Meanwhile the business tycoon, with 3.1 billion is now ranked 766th in 2018, down from a 544th ranking in 2017.

New Delhi sources have stated that the Central Bureau of Investigation (CBI) registered an FIR against Vikram Kothari, promoter of Rotomac Pen, for the loan default based on a Bank of Baroda complaint. Previously on Monday, raids were carried out at Kothari's office and residential premises in Kanpur in connection with the case. Meanwhile after billionaire jewelry designer Nirav Modi, another defaulter Kothari, had earlier denied reports of leaving the country.

Right from years heroines from south used to be extremely conservative and homely while their Bollywood counterparts used to be extremely bold. Bollywood used to ape Hollywood and though South tried to ape Bollywood,when it came to heroines,they never crossed their limits.

India has suspended the passport of billionaire Vijay Mallya who is currently in UK. Banks are still struggling to recover a billion dollars owed by his Kingfisher Airlines. Mallya who is 60 has defied various requests asking him to turn back to Mumbai for interrogation.